Plan Ledger DOL Form 5500 · updated monthly

Cape Physicians Associates, PA401(k)

CAPE PHYSICIANS ASSOCIATES 401(K) PLAN · CAPE MAY COURT HOUSE, NJ · plan year 2024

Reported admin expense ratio · 2024
0.25%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Cape Physicians Associates, PA reported $44,326 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $2,943 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.30% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,101st-largest of 2,419 plans among New Jersey employers on file, and the 3,807th of 11,911 in health care & social assistance. In 2024, employees put in $2.03 for every $1.00 the employer contributed; active participation has grown from 194 to 225 since 2022.

Plan summary
Net assets, end of year$19,135,797
Participants with balances295
Active participants225
Employer contributions$662,279
Employee contributions$1,342,425
Employer contribution per active participant$2,943
Average account balance$64,867
Benefits paid to participants$2,218,435
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.1M · 295 accts · $662K emplr
2023$17.0M · 287 accts · $594K emplr
2022$13.9M · 275 accts · $561K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,700
Investment management$15,626
Total administrative$44,326
The Cape Physicians Associates, PA 401(k) match · 2024
Employer contribution per active participant$2,943
Median for plans this size$2,416
2024$2,943 per active participant
2023$2,882 per active participant
2022$2,892 per active participant

Cape Physicians Associates, PA's 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$28,700
UBS FINANCIAL SERVICES · Consulting$15,626

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$44,326 · 0.25%
2023$41,720 · 0.27%
2022$44,014 · 0.30%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
Jewish Home Family, Inc. NJ$19.8M · 0.42%
Caring, Inc. NJ$19.2M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223172481 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.